Government, healthcare, transportation, communications, financial services, retail and loyalty, entertainment, and energy and utility the industries that use these cards.Īsia-Pacific was the largest region in the smart card market in 2021. The components of smart cards include memory-based and microcontroller-based. The main types of smart cards are contact, contactless, hybrid and dual-interface.Contact smart cards refer to cards that make physical contact with the card reader.Ĭontact smart cards can be recognized by a gold or silver chip on the card body.Smart cards are accessed physically and logically. It connects to the host computer or controller through a card reader, which receives data from the card and sends it to the host computer for authentication. The smart card market consists of the sales of smart card products by entities (organizations, partnerships, and sole proprietors) that refers to a physical plastic card with a built-in integrated chip that acts as a security token.These cards provide ways to identify and authenticate the cardholder and third parties who use the card. The smart card market is expected to grow to $25.21 billion in 2026 at a compound annual growth rate (CAGR) of 7.99%. The global smart card market is expected to grow from $17.20 billion in 2021 to $18.54 billion in 2022 at a compound annual growth rate (CAGR) of 7.78%.

16, 2022 (GLOBE NEWSWIRE) - announces the release of the report 'Smart Card Global Market Report 2022'. Major players in the smart card market are CardLogix Corporation, CPI Card Group, Giesecke & Devrient, IDEMIA, Infineon Technologies AG, NXP Semiconductors NV, Watchdata Technologies, Gemalto NV, Inside Secure SA, Cardcom Technology, Eastcompeace, Thales Group, Identiv Inc, HID Global Corporation, Atos SE, Texas Instruments, Alioth Llc, Fingerprint Cards AB and Secura Key.

Gemalto card driver